Methods of debt recovery – 8. Holding management responsible for insolvency When attempting to recover a debt from a company, it enters insolvency. Is this the end, or are there still chances? Can money still be recovered through other means? Even though the conditions are restrictive, and only if it can be proven that there...
One of the most important institutions in the insolvency procedure, often used unjustifiably by creditors dissatisfied with the fact that the sums entered in the definitive table of claims have not been recovered, is that of attracting the patrimonial responsibility of the persons responsible for the debtor’s insolvency, usually the administrator. Thus, at the request...
Taxpayers have a period of 45 days from the receipt of fiscal administrative documents to submit an appeal if they believe that certain rights have been violated. However, there are several exceptions to this deadline. The appeal must be filed within 45 days from the date on which the title of the claim or the...
Insolvency is the condition of a debtor’s assets characterized by insufficient available monetary funds for the payment of certain, liquid, and due debts. This condition is presumed when the debtor has not paid their debt to the creditor within 60 days from the due date (the presumption is relative), or when it is proven that...
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